As of Friday close, The Hain Celestial Group Inc.’s (NASDAQ:HAIN) stock was up $0.28, moving up 2.32 percent to $12.33. The average number of shares traded per day over the past five days has been 615,280 shares. 2 times new highs have been achieved over the past 5 days, with a $0.13 gain in that time frame. In the last twenty days, the average volume was 758,000, while in the previous 50 days, it was 962,694.
Since last month, HAIN stock retreated -3.82%. Shares of the company fell to $10.98 on 08/08/23, the lowest level in the past month. A 52-week high of $25.48 was reached on 02/02/23 after having rallying from a 52-week low of $10.98. Since the beginning of this year, HAIN’s stock price has dropped by -23.79% or -$3.85, and marked a new high 14 times. However, the stock has declined by -51.61% since its 52-week high.
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HAIN stock investors should be aware that The Hain Celestial Group Inc. (HAIN) stock had its last reported insider trading activity 183 days ago on Feb 17. Schiller Mark L., the Director of the company, disposed of 25,000 shares for $18.75 on Feb 17. It resulted in a $468,630 divestment by the insider. Schiller Mark L. sold 25,000 shares at an average price of $18.90 on Feb 15. The insider now owns 247,493 shares following the transaction.
Valuation Metrics
The stock’s beta is 0.92. Besides these, the trailing price-to-sales (P/S) ratio of 0.58, the price-to-book (PB) ratio of 1.10.
Financial Health
In the three months ended March 30, The Hain Celestial Group Inc.’s quick ratio stood at 1.10, while its current ratio was 2.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.84, and the total debt-to-equity ratio was 0.85. On the profitability front, the trailing twelve-month gross margin is 21.30% percent. In the year ended March 30, EBITDA margin amounted to 9.56%, whereas operating margins totaled -4.80%. Based on annual data, HAIN earned $427.44 million in gross profit and brought in $1.89 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.20%. Return on equity (ROE) for the past 12 months was -8.90%.
In The Hain Celestial Group Inc.’s quarter-end financial report for March 30, it reported total debt of $848.98 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HAIN’s revenue fell -10.48% to $454.21 million during the quarter, while net income inched up to $455.24 million. While analysts expected The Hain Celestial Group Inc. to report $0.16 quarterly earnings, the actual figure was $0.08 per share. During the quarter, the company generated -$127.14 million in EBITDA. The liabilities of The Hain Celestial Group Inc. were 1.27 billion at the end of its most recent quarter ended March 30, and its total debt was $959.27 million. The value of shareholders’ equity is $89.44 million.
Technical Picture
This quick technical analysis looks at The Hain Celestial Group Inc.’s (HAIN) price momentum. With a historical volatility rate of 37.08%, the RSI 9-day stood at 56.84% on 18 August.
With respect to its five-day moving average, the current The Hain Celestial Group Inc. price is up by +1.07% percent or $0.13. At present, HAIN shares trade -4.05% below its 20-day simple moving average and -25.95% percent below its 100-day simple moving average. However, the stock is currently trading approximately +1.23% above its SMA50 and -34.10% below its SMA200.
Stochastic coefficient K was 58.22% and Stochastic coefficient D was 49.03%, while ATR was 0.38. Given the Stochastic reading of 76.92% for the 14-day period, the RSI (14) reading has been calculated as 51.87%. As of today, the MACD Oscillator reading stands at 0.22, while the 14-day reading stands at 0.25.
Analyst Ratings
Stephens launched its rating on The Hain Celestial Group Inc. (NASDAQ: HAIN) to an Overweight in a note to investors on June 23, 2023. The Hain Celestial Group Inc. (HAIN) has been rated Overweight by analysts. According to 0 brokerage firms, HAIN is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate The Hain Celestial Group Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $14.00, the current consensus forecast for the stock is $13.00 – $30.00. Based on these forecasts, analysts predict The Hain Celestial Group Inc. (HAIN) will achieve an average price target of $16.83.
